China Securities Journal ( zone )
stabilize investment and make up for nearly trillion short boards, and accelerate the issuance of local special bonds
According to the statistics of the Ministry of finance, the total amount of special bonds issued in the first half of this year was 367.3 billion yuan. According to the planned scale of 1.35 trillion yuan, nearly 1 trillion yuan of special bonds will have to be issued before the end of this year.
CBRC issued a document to improve the quality and efficiency of serving the real economy
On the 18th, the CBRC issued the notice of the general office of the CBRC on further improving credit work and improving the quality and efficiency of serving the real economy (hereinafter referred to as the notice). The circular proposes to vigorously develop Inclusive Finance, actively develop consumer finance, and effectively use insurance funds.
during the year, real estate enterprises invested more than 10 billion yuan in the investment boom of new energy vehicles
The new energy automobile industry link company ushered in the entry of real estate enterprises. According to statistics, since this year, the investment scale of real estate enterprises involved in the new energy vehicle industry chain has exceeded 10 billion yuan. Industry insiders believe that, unlike financial investors pursuing short-term returns, the layout of new energy vehicle industry chain by real estate enterprises is expected to produce synergy with their existing businesses. However, there are also voices that real estate enterprises have greater demands on land, and some developers take this opportunity to obtain land reserves.
delay in providing financial information * ST rich control subsidiary or out of control
*St rich control announced on the evening of August 19 that as of the date of this announcement, the company had not received the financial information of its subsidiary Ningbo Baida in June 2018 and the half year of 2018. The company has sent a letter to Ningbo Baida asking it to provide relevant financial information to the listed company within the specified time. It is worth noting that the official website of Shanghai Stock Exchange shows that the first appointment date of * ST rich control’s 2018 semi annual report is August 28, 2018, less than 10 days ago.
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Shanghai Securities News (special area)
pay close attention to the implementation of investment projects to stabilize growth and make up for weaknesses
One year later, at the end of July and early August, the national development and Reform Commission restarted the examination and approval of urban rail transit projects and approved the phase III urban rail transit construction plan of Changchun, with a total investment of 78.732 billion yuan. Two weeks later, four Suzhou rail transit lines were approved by the national development and Reform Commission, involving a capital of 95 billion yuan. Statistics also show that in July, the national development and Reform Commission approved 17 fixed asset investment projects with a total investment of 77.69 billion yuan.
taking the opportunity of expanding the opening up of the financial industry, foreign insurance plans to seek a breakthrough in multiple ways
At present, a number of foreign insurance companies and foreign reinsurance companies have submitted application materials for establishing subsidiaries in China, and foreign insurance companies are considering moving the Asia Pacific headquarters to Shanghai. With the deeper opening of China’s financial industry to the outside world, the vitality of foreign insurance companies continues to be stimulated. They are taking root in the Chinese market in different ways, either knocking at the door for the first time or transforming in time.
agencies focus on the first three quarters of the performance of pre tech stocks
According to the data of East Money Information Co.Ltd(300059) choice, a total of 39 companies in Shanghai and Shenzhen disclosed the institutional research records last week (August 13 to August 17). Among them, technology companies have become the focus of institutional concern. Many companies in the first three quarters of the year have been concentrated on research by a large number of agencies.
Chengzhi Co.Ltd(000990) the shareholders’ meeting today considered the agreement related to “secretly changing” performance commitment
On August 20, Chengzhi Co.Ltd(000990) will hold the first extraordinary general meeting of shareholders in 2018 to review the signing of
<投资并购协议之补充协议二>
(hereinafter referred to as “supplementary agreement II”) and other matters. In fact, there is not only an interval of 11 months between the signing and public disclosure of the agreement, but also the problem of insufficient review procedures and effectiveness. The shareholders’ meeting held today will conduct a “late” review to directly determine whether the original shareholders of Baolong environmental protection need to make compensation for last year’s performance and how to make compensation.
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Securities Times (special area)
the premium income of the insurance industry increased negatively in the first half of the year, and the life insurance fell by more than 10%
The growth rate of original insurance premiums decreased from 23% in the first half of 2017 to 18% at the end of last year. As of the first half of this year, this data fell to – 3.33%, describing the general trend of the insurance industry in the past year. Dragging down the general trend is the decline of life insurance business, which accounts for more than half of the insurance market. According to the latest data disclosed by the CBRC, the premium income of original insurance in the first half of the year was 2236.94 billion yuan, a year-on-year decrease of 3.33%. Among them, property insurance companies made steady progress and realized a premium income of 602.418 billion yuan, a year-on-year increase of 14.18%; The original insurance premium income of life insurance companies was 1634519 million yuan, a year-on-year decrease of 8.5%.
P2P compliance inspection is on the line
Last Friday (August 17), the leading group office for the special rectification of P2P network lending risk issued the notice on carrying out compliance inspection of P2P network lending institutions and the list of compliance inspection problems of network lending information intermediaries, which attracted much attention. It is reported that the above list involves 108 items, and the compliance inspection is required to be completed by the end of December 2018.
drug management reform will only “look back”
Last week, the accountability results of Changsheng vaccine incident were announced one after another. In addition to local administrative officials, Bi Jingquan, the “helmsman” of this round of drug approval and regulatory reform, resigned, and a number of drug regulatory officials were punished, showing the state’s punishment for drugs and other incidents endangering public safety.
Gaosheng holding illegally guaranteed more than 300 million, and the actual controllers occupied 182 million
On the evening of August 17, after two extensions, Gaosheng holdings replied to two letters of concern from Shenzhen Stock Exchange, supplemented and disclosed the pledge details, share freeze, external guarantee, actual controller’s fund occupation and arrears to suppliers, and held Wei Zhenyu, the actual controller and then chairman, accountable. Meanwhile, the board of directors of Gaosheng holdings and Wei Zhenyu apologized to investors.
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Securities Daily (special area)
the China Banking and Insurance Regulatory Commission put forward nine credit requirements, emphasizing that loans should not be cut off blindly
On August 18, the general office of the China Banking and Insurance Regulatory Commission issued the notice on further improving the credit work and improving the quality and efficiency of serving the real economy (hereinafter referred to as the notice), proposing to appropriately increase the proportion of medium and long-term loans and reasonably determine the assessment indicators to avoid the shortage of enterprise funds caused by the centralized maturity of loans at the same time, especially at the end of the month and the end of the quarter; We will vigorously develop Inclusive Finance and strengthen nine requirements for financial services in small and micro enterprises, agriculture, rural areas and farmers, private enterprises and other fields. For enterprises that meet the credit conditions but encounter temporary business difficulties, they should continue to provide financial support, and should not blindly withdraw or cut off loans.
the Ministry of housing and urban rural development focuses on the “rising” of house prices, and a new round of real estate market regulation is ready
Since the meeting of the Political Bureau of the CPC Central Committee proposed “resolutely curb the rise of house prices” on July 31, the Ministry of housing and urban rural development first held a symposium on real estate work in some cities in Shenyang, Liaoning on August 7, which put forward further requirements for the future real estate regulation and control of participating cities; Subsequently, on August 17, they interviewed the main principals of the five municipal governments of Haikou, Sanya, Yantai, Yichang and Yangzhou, and asked them to seriously clean up and investigate the problems of covering the plate, covering the land, hoarding and speculation, vigorously rectify and standardize the market order, severely crack down on speculation and curb the rise of house prices.
the CSRC continues to maintain high regulatory pressure on insider trading
Recently, the CSRC has punished seven insider trading cases, six of which are related to the merger and reorganization of listed companies. Chang depeng, spokesman of the CSRC, said that the field of mergers and acquisitions of listed companies has become a prone and high incidence area for illegal insider trading, and the CSRC will continue to crack down on illegal acts in this field.
the audit institution of “lying gun” of Shenbao a nearly 5.9 billion yuan restructuring project was investigated and suspended
Recently, the major asset restructuring of Shenbao a of nearly 5.9 billion yuan has made new progress. On August 14, the company said that due to the investigation of the audit institution, the company applied to the CSRC to suspend the audit of the major asset restructuring project. On August 16, the company received a reply that the CSRC decided to approve the company to suspend the examination application, and Shenbao A’s acquisition of 100% equity of Shenliang group stalled.
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